European Market Outlook for Energy Storage 2024-2028

Technology is the key to battery storage markets developing at a rapid pace. Just look at the way system costs have dropped drastically in recent years as a result of progress in the development of battery materials and battery cells and advancement in storage system technology.In the diverse stationary markets in particular, opportunities for technological alternatives to the lithium-ion battery are being opened up. In this session, you can hear from experts directly about current progress in the development of specific battery technologies and learn about the impact those battery technologies are set to have on the market for electrical energy storage systems in the near future.

Technology is the key to battery storage markets developing at a rapid pace. Just look at the way system costs have dropped drastically in recent years as a result of progress in the development of battery materials and battery cells and advancement in storage system technology.In the diverse stationary markets in particular, opportunities for technological alternatives to the lithium-ion battery are being opened up. In this session, you can hear from experts directly about current progress in the development of specific battery technologies and learn about the impact those battery technologies are set to have on the market for electrical energy storage systems in the near future.

The pressing need to mitigate the impact of climate change and to deal with the ongoing energy crisis requires a new regulatory framework in Europe. This is why the European Commission has presented a legislative proposal for the adaptation of the EU Electricity Market Design in Q1 2023. But how would this new framework impact the energy storage market? How would the provision of flexibility be encouraged? How would existing entry barriers for energy storage be further reduced? In this panel, representatives from the EU, utilities, IPPs and storage providers will be discussing whether the new market design is suitable for incentivizing both the necessary energy storage installations and ideas for future improvements.

Integrators of Battery Energy Storage Systems (BESS) are positioned at the very core of the value chain for large-scale energy storage systems. Their decisions such which BESS component design to use, which product and software portfolio to offer or which supply chain approach to be taken very well reflect the requirements and trends in the energy storage market.In this panel session, some of the industry's leading BESS integrators and developers will be discussing the developments, opportunities and challenges of the energy storage market, and which BESS products and business models are best suited to address them today and in the future.